TSX-V: MJS $0.060   0.000 FSE: MJT $0.035   0.003


Company Overview

Majestic Gold Corp. is an open pit gold producer in Shandong Province, China. The Company’s Songjiagou gold mine achieved commercial production in 2011 and is currently on target to produce approximately 25,000 ounces of gold in 2017, an increase of almost 25% compared to the average of the previous five years. Recent improvements to grade control and recovery, coupled with reduced costs for mining and milling, have resulted in all-in sustaining costs to fall under $900 per ounce in 2017. The Company’s goal is to increase production by continued improvements in grade control and increased mill throughput.

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